The Mars EAForex Software is a fully automated trading system that uses an advanced grid trading strategy. This software is designed to operate against retail trading logic on specific liquidity levels. Its algorithm monitors the market for significant level breaks that often trigger retail traders to enter the market, as commonly explained in many trading books. The Mars EA then trades against these retail trades, targeting the liquidity levels where their stop losses are usually set.
Unique Trading Approach
Unlike many other Forex systems, Mars EA takes a unique approach to trading. If an entry on a liquidity level is not accurate, the EA employs a grid to average the entry, utilizing a smart position closing system to mitigate risk. This strategic approach differentiates Mars EA from other available Forex software, making it a unique tool for currency trading.
Risk Management
One of the key features of Mars EA is its adjustable Capital Guard. This function protects traders from a total market crash by reducing the number of trader pairs if the drawdown reaches a certain percentage, until it drops back down to the set value. This feature is a testament to the software’s focus on risk management, a critical aspect of successful Forex trading.
Compatibility and Requirements
The Mars EA is compatible with several currency pairs, including AUDNZD, NZDCAD, AUDCAD, EURCAD, EURNZD, EURUSD, GBPCAD, EURJPY, GBPJPY, AUDJPY, NZDJPY, GBPUSD, AUDUSD, among others. To run the EA, one needs a minimum account balance of $3000. It operates on a MT5 Hedging Account with a leverage of 1:500. The software is also designed to run 24/5 on a low latency Virtual Private Server (VPS).
Easy Installation and Use
The Mars EA Forex Software boasts of its ‘set and forget’ nature. Its installation is straightforward, and it comes with predefined settings. It also offers remote desktop support for inexperienced users, ensuring a smooth user experience. With regular future updates and improvements scheduled, users can expect an evolving and efficient automated trading system.
FAQ
What is the Mars EA Forex Software? The Mars EA Forex Software is an automated Forex trading system that employs an advanced grid trading strategy. It operates against the retail trading logic on specific liquidity levels.
What makes Mars EA unique? If an entry on a liquidity level is not accurate, Mars EA uses a grid to average the entry. It also employs a smart position closing system to manage risk.
What risk management features does Mars EA have? Mars EA has an adjustable Capital Guard that protects traders from a total market crash by reducing the number of trader pairs if the drawdown reaches a certain percentage.
What are the system requirements for Mars EA? To run Mars EA, you need a minimum account balance of $3000, a MT5 Hedging Account with a leverage of 1:500, and a low latency Virtual Private Server (VPS).
Final Thoughts
The Mars EA Forex Software presents a unique approach to automated currency trading with its advanced grid trading system. Its focus on risk management and its unique trading strategy make it a tool worth considering for Forex traders. Independent testing of this product is available on the forexroboteasy.com website, where users can also subscribe to updates on the results of these tests. We invite readers who have used Mars EA to share their experiences and reviews.
Please note that this is an independent product review. The text is written from a third-party perspective and does not endorse or promote the product.
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